Charles Schwab Investment Management Inc. Acquires 3,539 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Charles Schwab Investment Management Inc. boosted its holdings in Triumph Financial, Inc. (NASDAQ:TFIN) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 199,071 shares of the company’s stock after acquiring an additional 3,539 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.85% of Triumph Financial worth $18,092,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. KBC Group NV boosted its position in Triumph Financial by 46.4% in the third quarter. KBC Group NV now owns 798 shares of the company’s stock valued at $63,000 after buying an additional 253 shares in the last quarter. LMR Partners LLP acquired a new position in Triumph Financial in the third quarter valued at about $225,000. Anthracite Investment Company Inc. boosted its position in Triumph Financial by 14.9% in the third quarter. Anthracite Investment Company Inc. now owns 30,844 shares of the company’s stock valued at $2,453,000 after buying an additional 4,000 shares in the last quarter. Intech Investment Management LLC boosted its position in Triumph Financial by 44.5% in the third quarter. Intech Investment Management LLC now owns 6,185 shares of the company’s stock valued at $492,000 after buying an additional 1,906 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in Triumph Financial in the third quarter valued at about $49,000. Institutional investors own 91.11% of the company’s stock.

Triumph Financial Trading Up 1.5 %

Shares of NASDAQ TFIN opened at $62.17 on Thursday. The company’s 50 day simple moving average is $73.84 and its 200 day simple moving average is $84.38. Triumph Financial, Inc. has a fifty-two week low of $58.22 and a fifty-two week high of $110.58. The firm has a market capitalization of $1.46 billion, a P/E ratio of 115.13 and a beta of 1.22. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98.

Triumph Financial (NASDAQ:TFIN) last issued its earnings results on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. On average, analysts predict that Triumph Financial, Inc. will post 1.08 EPS for the current year.

Analyst Upgrades and Downgrades

TFIN has been the topic of a number of recent analyst reports. DA Davidson reduced their price target on shares of Triumph Financial from $100.00 to $82.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods upgraded shares of Triumph Financial from an “underperform” rating to a “market perform” rating and reduced their target price for the stock from $80.00 to $74.00 in a research report on Thursday, February 27th. Finally, Stephens reiterated an “equal weight” rating and set a $109.00 target price on shares of Triumph Financial in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. Based on data from MarketBeat, Triumph Financial currently has a consensus rating of “Hold” and an average target price of $79.00.

Triumph Financial Company Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.